ACCELERATE CHANGE2 0 1 4 A N N U A L R E P O R T

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CHIEF EXECUTIVE OFFICER, TIDESKRISS DEIGLMEIER

WE live in a rapidly changing world where information, people, and resources are moving faster than ever, heightening the urgency to solve

the most challenging problems of the 21st century. Simultaneously, new ideas and tools have emerged, expanding our opportunities to create lasting social impact.

At times like this, it is important for Tides to act boldly. It isn’t enough to keep up with change; we need to stay in front of it. As we look to the future, I’m honored to share Tides’ new vision, mission, and approach with you.

Our community’s success in 2014 shows what can be accomplished when we work together. In collaboration with partners like you, Tides made grants in more than 104 countries and in 49 US states. We worked with companies like Google and Patagonia, and with NoVo, Open Society Foundations, and hundreds of donors and nonprofits to deliver funding and services to improve lives and restore ecosystems across the globe. More than 100 social ventures learned together and worked out of Tides’ collaborative workspaces in San Francisco and New York City. In all of these efforts, Tides accelerated the path to impact for our clients.

We are excited by the dynamic ecosystem around us. You have inspired us to evolve in order to better meet the needs of our partners and adapt to the ever-changing global landscape of possibilities. By sharing this report, we welcome you into a conversation about how we can help deepen our impact given the time, money, and effort that you dedicate to the issues that you care about the most.

I thank you for the part you have played in Tides’ history and welcome you to this next adventure together.

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We CROSS BOUNDARIES and link sectors, communities, and cultures. We ACT WITH EMPATHY AND RESPECT.

We ENGAGE with those whose lives are affected.

We EMBRACE RISK.

We PRIORITIZE IDEAS THAT CAN SCALE.

A world

of SHARED PROSPERITY

and

SOCIAL JUSTICE founded on

Equality & Human Rights

Sustainable Environment

Healthy Individuals & Communities

Quality Education

Tides ACCELERATES THE PACE OF SOCIAL

CHANGE, working with innovative partners

to solve society’s toughest problems.

TIDES VISION, MISSION, AND APPROACH

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TIDES SERVICES FOR SOCIAL CHANGE

CHARITABLE GIVING &

GRANTMAKING

We design and implement

philanthropic programs to help donors,

institutions, and corporations

achieve meaningful results and

streamline the process for both

grantees and funders. We

provide donor-advised funds,

collective action funds, and many other charitable-

giving vehicles that support donors in

driving impact.

IMPACT INVESTING

Tides offers clients a robust set of socially responsible investment

options such as socially

screened funds, mission-related

investments (MRIs), fossil

fuel-free funds, and high-growth, venture-backed funds, making it easy for clients to align their

investments with their impact goals.

FISCAL SPONSORSHIP & MANAGEMENT

SERVICES

Tides provides sophisticated management

services so leaders can focus on

their missions. Backbone services and expertise are available in areas such as financial management,

legal compliance, grants

management, human resources,

payroll, and benefits.

COLLABORATIVE SPACE

Tides’ multi-tenant centers in San Francisco and New York City

offer high-quality environments for social ventures, nonprofits, and

innovators to work, learn, and grow

together, amplifying their efforts to solve

our world’s most complex social

and environmental problems.

SOCIAL IMPACT

CONSULTING

Tides offers highly customized expertise to meet

each client’s needs in pursuit of social impact.

We can assist in designing philanthropic

giving programs, managing grant

application processes, structuring charitable

investments in innovative social

ventures, and much more.

TIDES INNOVATION

LAB

Tides Innovation Lab coordinates

our efforts to experiment, iterate, and continually

improve our own programs, share learning about the spectrum of Tides’ services and beyond, and shape

the landscape for other

organizations working for

positive social change.

THE ADVOCACY

FUND

Tides’ Advocacy Fund, a 501(c)4

nonprofit organization,

provides a unique opportunity for organizations, initiatives, and grantmakers to

lobby for a cause, give money to an advocacy

group, or impact legislative activity to advance their

missions.theadvocacyfund.org

TIDES APPROACH IN ACTION

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West Harlem Development CorporationWhen Columbia University in New York City

sought to expand into 17 acres of West Harlem, the local community had many concerns

and questions. Under a Community Benefits Agreement, Tides acts as a neutral platform

to provide fiscal sponsorship and grant-making services based in empathy and respect for all stakeholders. This allowed the West Harlem Development Corporation

(WHDC) to focus on engaging diverse points of view to define a vision of shared

socioeconomic prosperity for West Harlem residents. The WHDC, with Tides’ support, is

now implementing this vision through ongoing community collaboration and leveraging of university resources to support education, affordable housing, and other community

priorities in West Harlem. westharlemdc.org

Google.org

In 2014, Tides partnered with Google.org on the Regional Google Impact Challenge, a philanthropic

initiative that invites local nonprofits to share ideas about how they would use innovation and technology to make a better world. In the San Francisco Bay Area, $5 million in grants were

awarded to 25 organizations, including winners: Bring Me a Book, Center for Employment

Opportunities, Hack The Hood, and The Health Trust. In Brazil, 7 million Brazilian reais in grants

were awarded to 10 Brazilian organizations, including winners: Conservação Internacional, Zero A Seis, Meu Rio, and Instituto Geledés.

Tides worked closely with Google to apply best practices and provide a range of resources to build the nonprofits’ capacities and help them become more effective and sustainable. This partnership

illustrates Tides’ work to cross boundaries and link sectors, communities,

and cultures.google.org/local-giving/impact-challenge

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Young Center for Immigrant Children’s Rights

Since 2003, the Young Center for Immigrant Children’s Rights has advocated for the best

interests of unaccompanied immigrant children as the sole organization in the nation doing

this important legal work. Over the last three years, there has been an exponential increase in unaccompanied immigrant children coming to

the United States escaping violence and poverty in their home countries. When the Young Center

opened three new offices to respond to the growing need for their services, Tides provided back office support in financial management,

payroll, grant administration, human resources, and legal services, and helped the Young Center

establish a state-based criminal background check process to ensure legal compliance and client safety. Working to address the

needs of unaccompanied immigrant children requires tremendous sensitivity and care. This initiative reflects Tides’ work to embrace

challenges and adapt to the rapidly changing global landscape in order to discover

new solutions and enable our clients to focus on achieving their missions.

theyoungcenter.org

Tides Listening Conversations

In response to the untimely death of Michael Brown and other issues of police brutality against men and boys of color,

Tides partnered with The Advocacy Fund and Oakland Rising to convene twenty men and boys of color ages 16 to 24 with more

than 200 concerned community leaders in a forward-focused examination of this question: What must happen in America

to make sure that what happened in Ferguson, Missouri, never happens again? By engaging those whose lives are most affected, Tides Listening

Conversations, an initiative of the New Majority Opportunity, supports communities

to envision a future of their own design, exchange ideas, and collaborate to

create meaningful change. newmajorityopportunity.org

Years of Living Dangerously

The massive problem of climate change requires exponential shifts in our awareness and behavior. Tides partnered with donors

to fund the production and education campaign of the Emmy award-winning

documentary Years of Living Dangerously, a nine-part Showtime series about the places and people affected by global

warming. The series was created by former 60 MINUTES producers Joel Bach and

David Gelber and was executive produced by James Cameron, Jerry Weintraub, and Arnold Schwarzenegger. The series has

reached millions of viewers in 145 countries worldwide with compelling information

about the human impact of climate change, and exemplifies Tides’ work to prioritize

ideas that can scale. As the producers seek distribution for a second

season, the audience continues to grow via online viewing and social media. yearsoflivingdangerously.com

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As a fiscal sponsor, Tides

accelerated the impact

of 217 social ventures

across the United States.

Tides made

2,927 domestic

grants totaling

$102 million

In Tides Collaborative Space,

more than 100 social ventures worked, learned,

and grew together in San Francisco and New York.

TIDES IN THE UNITED STATES

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Outside the United States, Tides granted $29.6 million to social

ventures, nonprofits, and innovators in 104 countries.

AfghanistanAlgeria

Antigua & BarbudaArgentinaArmeniaAustralia

BangladeshBarbados

BelgiumBolivia

BotswanaBrazil

Burkina FasoBurma (Myanmar)

BurundiCambodia

CameroonCanada

ChileChina

ColombiaCosta Rica

Cote D’IvoireCroatia

Czech RepublicDenmark

Dominican RepublicEcuador

EgyptEl Salvador

EthiopiaFiji

FinlandFranceGambia

GermanyGhana

Great Britain Guatemala

Guinea

Guinea BissauGuyana

HaitiHonduras

Hong KongHungary

IndiaIndonesia

IrelandIsraelItaly

JamaicaJapan

KazakhstanKenya

Kyrgystan

LatviaLebanonLiberiaLibya

LithuaniaMalawi

MaliMexico

MoldovaMorocco

MozambiqueNamibia

NepalNetherlandsNew Zealand

Nicaragua

NigeriaNorwayPakistan

PeruPhilippines

PolandRepublic of Georgia

Romania

RussiaRwandaScotlandSenegal

Serbia-Montenegro (Yugoslavia)Sierra LeoneSingapore

Slovak Republic (Slovakia)Slovenia

South AfricaSpain

SwazilandSweden

Switzerland

TaiwanTanzaniaThailand

Trinidad & TobagoTunisiaUgandaUkraine

United States of America

VietnamZambia

Zimbabwe

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Quality Education

TIDES FOUNDATION GRANTMAKING FOCUSES RESOURCES ON

THE ISSUES THAT MATTER TO YOU

$15M $37.1M $14.3M $40.6M$21.8M

Economic Development

Healthy Individuals & Communities

SustainableEnvironment

Equality &Human Rights

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2014 was a year of growth and increasing impact.

87% of total revenue was distributed in grants or expended in programs,

directly driving social change in communities around the world.

2013

REVENUE2014

+17%

$240

M

GRANTS MADE FROM ALL FUNDS

2013 2014

+39%

$95M

$132

M

ASSETS UNDER TIDES’ MANAGEMENT

2013 2014

+9%

$244

M

$265

M

2014 FINANCIAL SNAPSHOTRevenue Grants & Contributions $218M All Other $22M

Total $240M

Expenses Program Services $78M Grants & Awards $132M Shared Services & Fundraising $21M

Total $231M

Surplus $9M

$206

M

FOR MORE INFORMATION: TIDES.ORG/ABOUT/FINANCIALS/

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By partnering with innovative people and organizations around the world, 2014 was a year

of tremendous impact for Tides. Together we supported community-based organizations working to

build a more just, sustainable, and prosperous world. We advanced public dialog around issues like

climate change, child immigration, and the criminal justice system. We catalyzed meaningful change

to improve livelihoods and ecosystems in the U.S. and overseas. In 2014, Tides worked with hundreds

of foundations and corporations and thousands of individuals, amplifying the strength of

individual efforts to solve society’s toughest problems.

PARTNERSHIPS TO ACCELERATE IMPACT

PLEASE CONSIDER TIDES IN YOUR PLANNED GIVING.

A Legacy of Care for People and Our PlanetReed Cooper was born in Long Island in 1943. He studied at UC Berkeley, receiving dual degrees in music and mathematics, and played the violin, stand-up double-bass, bass guitar, and keyboard. Reed spent many years as a part-time musician in New Mexico, and then returned to Berkeley and became a programmer with a start-up financial services company called Barra.

Reed loved music, learning languages, hiking outdoors, photography, wood-working, good books, and thoughtful conversation. Although he never married, he was surrounded by his family and friends to his very last days.

In 2014 Reed made a generous bequest to Tides, which will help to further his love of this planet and its people.

Learn more about Reed Cooper.

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Noa Emmett Aluli | Kafi Blumenfield | Joanie Bronfman | Stephanie Clohesy

Kriss Deiglmeier | Sid Espinosa | Michael Fernandez | Jacob Hunter Fisher Vincent McGee (Chair) | Peter Mellen | Suzanne Nossel | john a. powell

Deepak Puri | Chuck Savitt | Tuti Scott (Vice Chair) | Steve Zuckerman

TIDES BOARD OF DIRECTORS

We are thankful for our staff at Tides and appreciate their

dedication to building a better world in

collaboration with our partners.

twitter.com/TidesCommunity

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Sign-up for Tides Insider e-news tides.org

Contact us tides.org/about/contact-us/

Connect with the Tides community and join the conversation as we work together for social impact.

Tides P.O. Box 29198 San Francisco, CA 94129-0198 | 415.561.6400 | info@tides.org

COVER PHOTO: West Harlem Development Corporation’s festive year-end community event, Celebrating West Harlem’s Diversity Through the Holidays. CREDIT: Marlene Naanes